How much does property management software cost
- Due before they get the keys
- 2,775
- Prorated first month
- 925
- Deposit held
- 1,850
Search volumes on this site are US monthly figures from our own keyword measurement; the documents and worksheets are built from the public sources named on each page.
There is no list price for property management software, because almost every product is priced on a formula rather than a figure. What you can do, in about twenty minutes, is build the formula yourself and put your own numbers through it. That produces an annual cost you can compare across quotes, which is the number the question is really asking for and the one no vendor's pricing page gives you.
Open the Lease agreement Free to use. No account, no card, no trial clock.
Find the four pricing components
Per unit or per user rate, a monthly minimum, one-off setup or migration, and what the product earns from payment processing. Nearly every quote is some combination of those four, and a quote that mentions only the first is incomplete rather than cheap. Ask for all four explicitly, in writing, before comparing anything, because the one that is not mentioned is usually the one that matters at your size.
Apply them at your real size, twice
Compute the annual total at the portfolio size you have now, and again at the size you expect in three years. Small portfolios are usually priced by the minimum rather than the per-unit rate, and large ones by the per-unit rate with the minimum irrelevant. Where the crossover sits tells you which number you are actually negotiating and which quote wins at each size.
Add the payment margin, because it is often the largest line
If the product takes rent, it earns on each payment, whether from you, from the tenant, or through slower settlement. Multiply the per-payment economics by twelve times your unit count. On a portfolio of any size this frequently exceeds the subscription, and it is the component least often included when people describe what their software costs.
Price the exit before you sign
What an export contains, in what format, and whether documents and full ledger history come with it. This has no line on any quote and it is the largest cost in the category when it goes wrong, because it decides whether the next decision is free. Test the export during a trial rather than accepting the answer.
Lettza Pro
Keeping the rent against the tenancy that owes it
A worksheet answers the question in front of you and forgets it. A let does not forget: the lease has dates, the rent falls due every month, the arrears carry, and the work order raised in July is the one the owner asks about in October. Lettza Pro keeps every property, unit, lease and tenant, the rent charged and received against each, and every document rendered from that record rather than retyped into it.
- Download the document as a file to send to a tenant or an owner
- Your lease and rent roll without our name on them
- Save a worked tenancy and open it again next month
- Your business name and logo on every document you print
- Take every property, lease, ledger and document out at once
- Email the invoice, receipt or reference letter straight from the record
- Take rent by card or bank debit through your own Stripe account
- Send what you collect to your accounting software instead of retyping it
$49per month, whole team
Start Lettza Pro PricingLettza Pro is $49 per month and renews automatically each month on the day you started, until you cancel. The price and the renewal date are shown before you pay and again on your account page, and we email you if the price ever changes before it takes effect.
What the person managing the let asks before running the How much does property management software cost
Why will nobody publish a price? Because pricing depends on unit count, users, modules and payment volume. A published figure would be wrong for most buyers, so vendors quote instead.
What is a typical annual cost? Compute your own from the four components rather than adopting a benchmark. Portfolio size and whether the product takes payments move the answer by multiples.
Which component is most negotiable? Setup and migration, usually, followed by the minimum. Per-unit rates move less and payment economics rarely move at all.
Ask us about your lettings paperwork
Ask us anything about running the let with Lettza: whether it fits the way you charge rent, how the record handles a mid-tenancy rent change, what moves across if you are coming off a spreadsheet, or how the documents come out with your own name on them.